How the metaverse is closing the gap between virtual and reality
The metaverse promises to radically change how we work, play and do business. How do we avoid its real-world security risks and pitfalls?
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Hic Hic Hurray! Scottish distillery Ardbeg to release limited-edition whiskey NFTs
The Scottish distillery Thursday announced a limited edition buried-brewed whiskey Ardbeg Fon Fhòid (Gaelic for “under the turf”) will be released along with a non-fungible token (NFT). See related article: Lamborghini’s last all-gas Aventador to be auctioned with NFT Fast facts Ardbeg Fon Fhòid’s limited release of 456 bottles will be available for purchase on…
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OpenSea sales volume drops as challengers boast user rewards
OpenSea sales volume dropped by 67% over the past 30 days, according to DappRadar, as newer platforms offer rewards to lure users away from the leading non-fungible token (NFT) marketplace. See related article: NFT buyers dip for a second straight month Fast facts Sales volume on OpenSea totaled US$2.64 billion in the past 30 days,…
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Bitcoin follows blue chips south amid market turmoil
Top blockchain and crypto news: Market contagion hits crypto. Ethereum developer pays price for bad Korea move. China whacks more crypto miners.
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China’s industry lobbies join NFT bashing chorus
Self-regulatory bodies overseeing China’s banking and securities industries are urging members to “resolutely curb” the “financialization and securitization” wave of non-fungible tokens (NFTs).
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Coinbase snafu sets the cat among the crypto pigeons in India
Coinbase’s showcasing of support by government-backed National Payments Corporation of India (NPCI) set the ball rolling on the cryptocurrency exchange being yanked from the ubiquitous Unified Payments Interface (UPI).
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DTCC unveils prototype to support Fed-issued digital dollar
The Depository Trust & Clearing Corporation (DTCC), one of the largest financial service providers in the U.S., unveiled “Project Lithium” to test infrastructure in support of a U.S. digital currency using blockchain technology. See related article: 5 US digital dollar pilots launching to chase China’s CBDC lead Fast facts Project Lithium is based on blockchain…
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Chinese tech giant Huawei debuts NFTs
Huawei’s cloud computing arm Tuesday airdropped the brand’s first batch of non-fungible tokens (NFTs), making it the latest Chinese tech giant to join the trend. See related article: China’s Xpeng joins the bandwagon in selling NFTs on Alibaba Fast facts See related article: China’s Communist Party wants to regulate NFTs
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Former Ethereum developer Virgil Griffith gets 63 months in prison
Former Ethereum developer Virgil Griffith was sentenced to prison and fined US$100,000 for violating international sanctions against North Korea by speaking at a cryptocurrency conference in the Hermit Kingdom in April 2019. See related article: North Korea hacked US$400M of crypto in 2021, says Chainalysis Fast facts At the conference, Griffith explained blockchain technology’s use…